Bearish crab. Usdjpy. T1 over 200 pips.

Very strong impulse leg on usdjpy for last 2 weeks with bearish correction expected this week. This crab pattern is moving into a very tight convergence of fib numbers offering very good risk reward . The terminal price bar on this pattern will likely be very small with fib numbers so tight so one will have to be on alert to get a good entry as price is likely to respond sharply to such tight harmonic resistance. Target 1 is a bearish move of over 200 pips.